Legal Templates
Last updated: January 24, 2026
Legal document templates and resources for buying and selling mobile apps. Use these as starting points, but always consult with a qualified lawyer.
⚠️ Critical: These templates are for informational purposes only and do not constitute legal advice. Always have a qualified lawyer review and customize any legal documents before use. Laws vary by jurisdiction.
Legal Disclaimer
These templates are NOT a substitute for legal counsel.App sales involve complex legal issues including intellectual property, contracts, tax implications, and regulatory compliance. You must consult with a qualified attorney experienced in software acquisitions before using any of these documents.
whatsthe.app is not a law firm and does not provide legal services. These templates are provided as educational resources only.
Letter of Intent (LOI)
A non-binding document expressing interest in purchasing the app and outlining basic terms. Used early in negotiations to establish framework before detailed due diligence.
What It Covers
- Proposed purchase price
- Payment structure and terms
- Proposed closing date
- Due diligence period
- Exclusivity period (if any)
- Confidentiality requirements
Template Available
Download our free PDF template or generate a draft using AI tools like GPT, Grok, Claude, or Gemini:
Note: Always have a qualified lawyer review any legal document before use.
Important: LOIs are typically non-binding, but some provisions (like exclusivity or confidentiality) may be binding. Have your lawyer review before signing.
Non-Disclosure Agreement (NDA)
Protects confidential information shared during due diligence. Essential before seller shares sensitive data like revenue, code, or user metrics.
What It Covers
- Definition of confidential information
- Obligations of receiving party
- Permitted disclosures (e.g., to advisors)
- Return/destruction of information
- Duration of confidentiality obligations
- Remedies for breach
Template Available
Download our free PDF templates or generate a draft using AI tools like GPT, Grok, Claude, or Gemini:
Note: Always have a qualified lawyer review any legal document before use.
Tip: For app sales, consider a mutual NDA so both parties are protected. Sellers often want to keep sale discussions confidential too.
Asset Purchase Agreement
The main legal document governing the sale. This is the most critical document and must be reviewed by a lawyer.
What It Covers
- Detailed description of assets being sold
- Purchase price and payment terms
- Representations and warranties
- Covenants (what each party must do)
- Conditions to closing
- Indemnification provisions
- Dispute resolution
- Post-closing obligations
⚠️ Critical: Use a Lawyer
Asset Purchase Agreements are complex legal documents with significant financial and legal implications. Do NOT use a template without lawyer review.
Key issues that need legal expertise:
- IP assignment and warranties
- Liability allocation
- Tax implications
- Regulatory compliance
- Dispute resolution mechanisms
Template Available
Download our free PDF template or generate a draft using AI tools like GPT, Grok, Claude, or Gemini:
⚠️ Critical: Both buyer and seller should have separate legal counsel. Even with a template, a lawyer experienced in software/M&A transactions should review and customize the document.
Bill of Sale
A simple document transferring ownership of specific assets. Often used as a supplement to the Asset Purchase Agreement.
What It Covers
- List of assets being transferred
- Purchase price
- Date of transfer
- Signatures of buyer and seller
Template Available
Download our free PDF template or generate a draft using AI tools like GPT, Grok, Claude, or Gemini:
Note: Should still be reviewed by your lawyer to ensure it aligns with your Asset Purchase Agreement and covers all necessary assets.
Additional Documents
IP Assignment Agreement
Explicitly transfers intellectual property rights (copyrights, trademarks, etc.). May be included in Asset Purchase Agreement or separate document.
Transition Services Agreement
If seller will provide post-sale support or training, this document outlines the scope, duration, and compensation.
Escrow Agreement
If using escrow, this document (usually provided by escrow service) outlines terms, conditions, and release criteria.
Employment/Consulting Agreement
If seller will work for buyer post-sale, this covers employment terms, non-compete clauses, and compensation.
Resources
Finding a Lawyer
- Look for attorneys experienced in software acquisitions or M&A
- Check bar associations for referrals
- Consider online legal services for simpler documents (but still review with lawyer for complex agreements)
- Ask other entrepreneurs or investors for recommendations
Online Legal Services
- LegalZoom, Rocket Lawyer: Good for simple documents like NDAs
- ClauseBase, ContractPodAi: For more complex contract management
- Remember: Even if you use these services, have a lawyer review the final agreement
Getting Started
Free Drafts Available: You can generate initial drafts of these documents for free using AI tools like GPT, Grok, Claude, or Gemini. Simply ask the AI to create a draft based on your specific needs.
Downloadable Templates: We provide free PDF templates that you can download and customize. These templates serve as starting points for your legal documents.
Legal Review: While drafts and templates are free, you should always have a qualified lawyer review and customize any legal document before use. Professional legal review typically costs $200-$10,000+ depending on document complexity, but is essential to protect your interests.
Important Notes
Don't Skip Legal Review
Even if you use a template, have a lawyer review it. Small mistakes in legal documents can cost you thousands or even the entire transaction. The cost of legal review is minimal compared to the risk.
Jurisdiction Matters
Laws vary by country, state, and even city. A template from one jurisdiction may not be valid or appropriate in another. Your lawyer will ensure documents comply with local laws.
Both Parties Need Lawyers
Both buyer and seller should have separate legal representation. This ensures both parties' interests are protected and helps prevent disputes later. Don't try to save money by sharing a lawyer.
